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Technical Traders

Michael Covel (March 01, 2005)

Trend Following is a form of technical analysis. However, it is not predictive technical analysis, but rather it is reactive technical analysis. This is key to understand.
Technical analysis must not be predictive or you will lose. Trend Following does not involve the use of RSI, ...

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    The advantage scientists bring into the game is less their mathematical or computational skills than their ability to think scientifically. They are less likely to accept an apparent winning strategy that might be a mere statistical fluke. (Read more)

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